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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Alighieri who wrote (206129)10/12/2004 12:39:38 PM
From: Tenchusatsu  Read Replies (1) | Respond to of 1574265
 
Al, liberal logic at work. From the article:

The study, sponsored by the Annie E. Casey, Ford and Rockefeller foundations, looked at working families with kids that earned no more than twice the poverty level. Anyone below that level was considered "low-income."

For a family of four, that threshold was $36,488. The median U.S. income for such families is $62,732.

About 28 million jobs in the United States provided less a poverty-level wage, which works out to about $8.84 an hour for a family of four, the study said. The median wage for a waiter was about $6.80 an hour; for a cashier it was $7.41 an hour.

That points to the need for the federal minimum wage to be raised from its current $5.15 an hour to ensure those in such positions can support their families, researchers said.


So, what should they raise the minimum wage to? A level at which a parent can support a family of four? According to the article, that would come out to over $18 an hour.

Brilliant idea. At that level, all the small businesses would be killed off, and the only ones who could make any money are:

- Big "evil" corporations
- Businesses that hire illegal immigrants

Tenchusatsu